A costly coupling

Article Abstract:

The Royal Bank of Canada will pay $1.6 billion for most of the assets of Royal Trustco, Canada's second-largest trust company. Royal Trustco was forced into the merger by serious financial troubles. Royal Trustco lost $850 million in 1992, compared to a $107 million profit in 1991.

Banking industry, Mergers, acquisitions and divestments, Royal Bank of Canada, Royal Trustco Ltd.

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A split in the ranks

Article Abstract:

Plant closings announced by General Motors of Canada have put pressure on Canadian autoworkers, who are bitterly divided about whether to accept concessions in their union contracts. Analysts say that even with the concessions, plants may keep closing.

Analysis, Management, Labor relations, Collective bargaining, General Motors of Canada Ltd., Automobile industry workers, Automotive industry workers

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Battered and bruised: voters are pessimistic about the economy

Article Abstract:

The weak economic recovery has caused voters to become disillusioned with the 1992 presidential candidates. Voters believe that the candidates do not have effective economic policies to restore the economic health of the US.

Evaluation, Economic policy, Presidential candidates, United States economic conditions

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